Month: July 2020

Modern living area in a serviced apartment

Increased demand for serviced accommodation post-pandemic

The worldwide pandemic has hit the travel and hospitality industry particularly hard, yet despite the challenges, the serviced accommodation sector displayed a notable resilience to adversity. So could this prompt an increased demand for serviced accommodation post-pandemic? In the UK, while the majority of hospitality was forced to close during lockdown, serviced accommodation pivoted to …

Increased demand for serviced accommodation post-pandemic Read More »

Partially lit serviced apartment block suggests occupancy is reduced

ASAP/Savill’s Sentiment Survey: occupancy to return to pre-COVID levels in 2021

The Association of Serviced Accommodation Providers ASAP, in association with Savill’s, have released the findings of their June 2020 Sentiment Survey. Although currently optimism is much lower compared to the previous survey (November 2019), as is to be expected, more than half the operators surveyed believed occupancy levels would return to pre-COVID levels in 2021. …

ASAP/Savill’s Sentiment Survey: occupancy to return to pre-COVID levels in 2021 Read More »